• DocumentCode
    1774593
  • Title

    The research of electricity market stability simulation under different congestion degree based on ACE

  • Author

    Pu Tianjiao ; Chen Naishi ; Wang Wei ; Li Ye ; Liu Guangyi

  • Author_Institution
    China EiectIic Power Res. Inst., Beijing, China
  • fYear
    2014
  • fDate
    23-26 Sept. 2014
  • Firstpage
    1273
  • Lastpage
    1279
  • Abstract
    In this paper, the stability experiment of the electricity market simulation adopted agent-based computational economics(ACE) is carried out under different congestion degree on the platform of electricity market simulation system and laid the experiment foundation for the research of electricity market network congestion simulation. It can be seen from the experiment results analysis that the presence of network congestion directly impacts on the result of market transactions, and changes the market structure of the electricity market and the balance of the supply and demand in different regions, and changes the bidding status of market participants and market power, thereby indirectly affects the bidding strategies of market participants, and eventually indirectly affects the stability of the electricity market.
  • Keywords
    power markets; power system stability; tendering; ACE; agent-based computational economics; bidding status; congestion degree; electricity market stability simulation; market participants; market power; market transactions; network congestion simulation; Abstracts; Aging; Computational modeling; Electricity; ISO standards; Solid modeling; Stability analysis; ACE; Experiment; Network Congestion; Stability; The Electricity Market Simulation System;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Electricity Distribution (CICED), 2014 China International Conference on
  • Conference_Location
    Shenzhen
  • Type

    conf

  • DOI
    10.1109/CICED.2014.6991912
  • Filename
    6991912